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knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … increases utility. It is assumed that each variety is owned by a monopoly. Workers can specialize in material goods production …
Persistent link: https://www.econbiz.de/10011401020
knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zoneʺ where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … increases utility. It is assumed that each variety is owned by a monopoly. Workers can specialize in material goods production …
Persistent link: https://www.econbiz.de/10001595502
knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … increases utility. It is assumed that each variety is owned by a monopoly. Workers can specialize in material goods production …
Persistent link: https://www.econbiz.de/10011398011
knowledge sector is bounded, as productivity increases, the economy moves from a ?Solovian zone? where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … increases utility. It is assumed that each variety is owned by a monopoly. Workers can specialize in material goods production …
Persistent link: https://www.econbiz.de/10010262477
Persistent link: https://www.econbiz.de/10003319286
knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … their bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than … increases utility. It is assumed that each variety is owned by a monopoly. Workers can specialize in material goods production …
Persistent link: https://www.econbiz.de/10001572389
Persistent link: https://www.econbiz.de/10013423456
knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … bliss point can only be made better-off by an increase in diversity. If wages are set by monopoly unions rather than set … increases utility. It is assumed that each variety is owned by a monopoly. Workers can specialize in material goods production …
Persistent link: https://www.econbiz.de/10005762377
knowledge sector is bounded, as productivity increases, the economy moves from a ‘Solovian zone’ where wages increase with … their bliss point can only be made better off by an increase in diversity. If wages are set by monopoly unions rather than … increases utility. It is assumed that each variety is owned by a monopoly. Workers can specialise in material goods production …
Persistent link: https://www.econbiz.de/10005124380
The re-distribution of income from labour to capital, from workers to top-managers, and from low income households to the rich has been an important feature of financedominated capitalism since the early 1980s. After the Great Financial Crisis and the Great Recession in 2007-9, the recovery has...
Persistent link: https://www.econbiz.de/10011790517